Boeing stock jumps because CEO won't give up equity for bailout

[superpatriotman]

Getting pretty cocky here...ahem 737...too good for that, eh Davey boy?

Shares of commercial aerospace giant Boeing were surging for a second day on Tuesday after CEO Dave Calhoun said he wasn’t willing to give the U.S. government stock in return for a bailout.

“I don’t have a need for an equity stake,” Calhoun said in a Fox Business interview. “If they forced it, we’d just look at all the other options, and we have got plenty.”

He doesn't want to 'dilute' shareholders! As if dilution is the biggest problem Boeing has.

It's ALL about the almighty dollar.

https://finance.yahoo.com/m/938309fb-3171-3ea9-811b-0b7cd36454f3/boeing-stock-jumps-again.html

[Sherman A1]

1. F 'em

[msongs]

2. they can rent out all those parked 737 super maxes - homeless shelters, emergency hospitals etc nt

[GreenPartyVoter]

3. Good. Go find another option instead of rooting in

the government's pockets.

[Cartoonist]

4. They have other options?

Then no bailout is needed.

That solves that!

[superpatriotman]

6. According to ole Davey boy

Beggars CAN be choosers.

[WhiteTara]

5. so, look at all those other options and leave

our money alone.

[Newest Reality]

7. Money ferrets.

They are rooting around for taxpayer treats now since engineering money isn't working so well currently.

[ohtransplant]

8. I think Dave is exactly right!

Any company or industry that has options, doesn't need and shouldn't be bailed out by the federal government.

On the other hand, any company or industry who needs it better come up with collateral. We'll need repaid.

As I recall, the auto industry was held to that standard by President Obama.

[SWBTATTReg]

9. Good. Makes it easy to determine who gets the bailouts. Not Boeing.

[Javaman]

10. aww ain't he nice...

considering 40 fucking thousand workers were just laid off from one of the boeing plants up there. i know this because the son of a friend was one of those that was laid off.

[magicarpet]

11. No equity for taxpayers, no loans for Boeing

That was easy,... next.

[2naSalit]

12. Guess they really don't need a bailout after all.

Fuck 'em, they have squandered their reputation and should reap those benefits.

[delisen]

13. Of course. They are already a proven "killer" corporation.

Just like the California utility responsible for burning people in a preventable fire.

The utility, P G & E, just announced they will plead guilty to 84 counts of involuntary manslaughter.